Study underscores Sustut’s potential
Vancouver — A new resource estimate enhances the economic potential of the Sustut copper deposit, 65 km north of the Kemess gold-copper mine in north-central British Columbia.Partners Northgate Explo…
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Daily Metal Prices (February 17, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5Al Alloy1485/1430…
Top head rolls at Barrick
Looks like someone finally had to pay for Barrick Gold’s pitiful share performance over the past year and half: President and CEO Randall Oliphant was briskly frog-marched off the plank by Barrick’s b…
De Beers rides crest of diamond sector’s success
Last year proved to be exceptionally successful for De Beers and the diamond industry as a whole.Demand for rough diamonds was strong throughout 2002 as cutting centres responded to the increased dema…
Hatch teams with Newmont
Mississauga, Ont.-based mining engineering and consulting firm Hatch has signed a marketing and technology agreement with Newmont Mining that will see the two companies share pressure-oxidation extrac…
Lending Rates (February 17, 2003)
as of 4 pm ET, Feb.11, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.35LIBOR US$ 6-month1.35LIBOR US$ 1-year1.43Gold lease 3-m…
GREATEST VALUE TRADED, FEB. 5-11
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N58122329.9527.5228.50-1.29…
Trading Summary (February 14, 2003)
The market was Blixed into a rally early on Friday, when the avuncular alopecic in charge of United Nations arms in…
South-Malartic extends high-grade shoot at Croinor
Junior South-Malartic Exploration (MSU-V) has exteded a high-grade shoot at its Croinor gold project near Val d’Or,…
Golden Star closes $51m financing (February 14, 2003)
Golden Star Resources (GSC-T) has completed its over-subscribed, bought-deal offering, and raked in gross proceeds…
Goldminco picks up Aussie assets
Vancouver The takeover of AurionGold by Placer Dome (PDG-T) has paved the way for Goldminco (GCP-V) to pick up 2,…
Canico takes hold in Brazil
Vancouver — Canico Resource (CNI-V) has raised enough funds to acquire Inco’s (N-T) Onca-Puma nickel laterite proj…